NIFTY FUTURES ELLIOT LEVELS FOR TRADING 06TH JAN2010

Hi friends, giving elliot levels for you all, but these are not my recommendations, my levels are giving for paid members in paid blog:-

                                         Impulsive Wave Pattern

Wave Name	Construction	Termination
Wave 1	5263.05	5275.25
Wave 2	5275.25	5267.71
Wave 3	5267.71	5283.23
Wave 4	5283.23	5273.64
Wave 5	5273.64	5293.39

Wave-5 Expansion will continue till 5298.76

Corrective Wave Pattern

Wave Name	Construction	Termination
Wave -A	5295	5275.25
Wave- B	5275.25	5287.45
Wave- C	5287.45	5271.93

Wave-c Expansion will continue till 5267.71

Current Price is In the Impulsive Cycle . Impusive cycle will Fail if price fall to 5279.025

Buying is Advisable at 5275.25 with stoploss 5267.71 for Target 5293.39